Sold in the general store on the Isle of Colonsay and I didn't spot any other type of bread in there except one loaf from Nevis bakeries. There was though a little place called the Pantry where you could dine and get internet access and it sold a medium sized brown and white loaf priced at £2.20 a loaf but it had to be ordered up the day before. Taste wise it was nothing special. The guy asked where I was located and I thought he was going to deliver it first thing in the morning lol but I guess it was just in case the customer forgot to collect their loaf the next day. By 10.30 am, one of my loaves wasn't ready. Don't think Hovis would get away with that lol. Bread http://www.youtube.com/watch?v=AaAChZ2a_LI
Could actually be a good week, based on buying on the premise that the results won't be accompanied by a cash call. Indeed, it was well documented last week by investec, that the SP has fallen since MC left because of concerns over a cash call. If it is shown at results that a cash call is not on the cards for a while, then the SP should recover quickly. I personally, would bet against a cash call and feel a bond may be on the cards.
Have not bought anymore, have everything covered off for tax and plenty at risk. More in Barclays and also ashtead who have been storming and with the American recovery there is plenty more to go and I think a lot will start getting handed back.
Bought some in circle plc also, results and update out next week, thinking these guys will take on the NHS and really change things so worth the punt. GLA.
Premier will update with a finance change, it might not yet happen but I think there will be comments.
As CEO, the price is not that far below his buy in price. If he reduces and continues to take costs out as predicted, plus a little more. Some of which is already guaranteed with the closing mills and can get a new finance deal that reduces interest payments by X amount then sp will increase and an easy two or three years work. Premier is on the route to recovery, the stable products they make will continue to be bought and if you can increase margins it helps. Hey must get the wheat price increases passed on, hence the press already, otherwise it might cost them.
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